A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Government measures, including tariff and non-tariff barriers, that raise the cost of imported goods or otherwise restrict their entry into a market and thus strengthen the competitive position of domestic goods.
Source: http://usinfo.state.gov/products/pubs/trade/glossjr.htm#j
Related terms:
PROTECTIONISM - The deliberate use or encouragement of restrictions on imports to enable relatively inefficient domestic producers to compete successfully with foreign producers.
Source: http://usinfo.state.gov/products/pubs/trade/glossjr.htm#j
PROTECTIVE TARIFF - A tariff designed to shelter part of the national productive capacity from the full impact of foreign competition.
Source: Walter Goode: Dictionary of Trade Policy Terms, Fourth Edition, (Cambridge University Press/WTO, 2003), p.284